Markets


Maharashtra govt panel to act against MLC for Army wives remark Maharashtra govt panel to act against MLC for Army wives remark
- March 10, 2017

Making a statement in the Council, leader of the House and revenue minister Chandrakant Patil said that Paricharak's remarks against the families of soldiers were "extremely derogatory and condemnable" and an apology was not enough. Addressing a rally in Solapur in the run-up to the local bodies elections last month, Paricharak had said, "A soldier gets a telegram from his wife that she has delivered a baby and he distributes candies to his colleagues on the border, though he has not visited ... (more...)
Analyst's Predictions on Microchip Technology Incorporated (MCHP), Celgene Corporation (CELG) Analyst's Predictions on Microchip Technology Incorporated (MCHP), Celgene Corporation (CELG)
- March 10, 2017

Mizuho reissued a "neutral" rating and issued a $67.00 price objective on shares of Microchip Technology in a research note on Tuesday, November 8th. Zacks Investment Research downgraded shares of Microchip Technology from a "hold" rating to a "sell" rating in a research report on Tuesday, January 31st. (more...)
America's infrastructure receives a D rating for poor roads, bridges America's infrastructure receives a D rating for poor roads, bridges
- March 10, 2017

Rail , inland waterways and ports improved on their grades from four years ago. The rating was unchanged from 2013. In an address to Congress last week Trump said he would lawmakers to pass legislation that would produce $1 trillion in infrastructure investment and millions of new jobs. (more...)
State chief Tillerson recuses himself from Keystone XL talks
- March 10, 2017

The conference is set for March 22-23, and the USA contingent will be led by Secretary of State Rex Tillerson , in a rare high-profile role. The former CEO of Exxon Mobil, Tillerson faced tough questions on potential conflicts of interest during his confirmation hearings, and said he would recuse himself for one year from any dealings having to do with his company. (more...)
Energy stocks weigh on Wall Street Energy stocks weigh on Wall Street
- March 10, 2017

Financials, the best performing S&P sector since the November election, slipped 0.3 percent, pulled lower by losses in Wells Fargo and JPMorgan . The Nasdaq Composite Index edged up 3.62 points, or 0.06 percent, to 5,837.55. Trump also backed a draft bill unveiled by Republicans on Monday to repeal and replace the Obamacare healthcare law, but said the bill was open to negotiation. (more...)
Shares of Caseys General Stores, Inc. (CASY) Sees Large Outflow of Money Shares of Caseys General Stores, Inc. (CASY) Sees Large Outflow of Money
- March 10, 2017

RBC Capital Markets reiterated a "buy" rating on shares of Caseys General Stores in a report on Tuesday, January 3rd. The higher estimate of target price is $149, while the lower price target estimate is $116Caseys General Stores, Inc. (CASY) shares. During last six month record, the net percent change kept by insiders has observed a change of -1.10%. The ex-dividend date of this dividend is Monday, January 30th. (more...)
Bond yields, euro, shares jump as European Central Bank says urgency for action waning Bond yields, euro, shares jump as European Central Bank says urgency for action waning
- March 10, 2017

Further along the yield curve, the 10-year German Bund has seen its yield rise in recent weeks, dragged higher by rising USA 10-year rates and the backdrop of rising domestic inflation. At Thursday's meeting, the ECB kept its rate on bank overnight deposits, which is now its primary interest rate tool, at -0.40 percent. The ECB is expected to maintain dovish with its interest rates. (more...)
Featured Stock: Oasis Petroleum Inc. (NYSE:OAS)
- March 10, 2017

While in the same Quarter Previous year, the Actual EPS was $-0.18. Several investment firms issued their expert ratings on Oasis Petroleum Inc . Oasis Petroleum Inc .is based in Houston, Texas. The company reported the earnings of $-0.08/Share in the last quarter where the estimated EPS by analysts was $-0.12/share. Year-to-Date the stock performance stands at -6.14%.Shares of Oasis Petroleum Inc . (more...)
Budget 2017: Gov't to bank £930m from dividend tax change
- March 10, 2017

This change impacts savers who have holdings of over £50,000. Les Cameron, head of technical at Prudential, says: "The previous dividend allowance of £5,000 allowed investors to hold around £150,000 of equity-based portfolios tax free". Tom Selby, senior analyst at AJ Bell commenting on the annual dividend allowance reduction says it has been "put to the sword" by Philip Hammond less than a year after his predecessor George Osborne introduced it. (more...)
Analysts Estimates and Ratings: Realty Income Corporation (NYSE:O)
- March 10, 2017

Several equities analysts have recently commented on the company. CoreSite Realty Corporation is headquartered in Denver, Colorado. Analyst recommendations and estimates are for informational purposes only and should be used along with a number of other factors when considering an investment position. (more...)
Skyworks Solutions Inc (SWKS) Short Interest Update
- March 10, 2017

Also, insider David J. Aldrich sold 55,000 shares of the stock in a transaction on Wednesday, February 8th. The stock was sold at an average price of $75.21, for a total transaction of $112,815.00. The stock has a market capitalization of $17.77 billion, a PE ratio of 20.33 and a beta of 0.88. According to the Analysts, the Low Earnings estimate for the current quarter is $1.68, while the High earnings estimate is $1.98.Comparatively, EPS for the same quarter past year was $2.04. (more...)
Most Active mover Update on General Electric Company (NYSE:GE)
- March 10, 2017

RBC Capital Markets reaffirmed a "buy" rating and set a $37.00 price objective on shares of General Electric Company in a research report on Thursday, January 5th. The firm also recently declared a quarterly dividend, which will be paid on Friday, March 10th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 3.22%. (more...)
John Lewis staff bonus cut again John Lewis staff bonus cut again
- March 10, 2017

It's the fourth year running that the John Lewis Partnership , which runs both high street chains, has lowered the annual pay award. Despite the cut in staff bonuses, John Lewis reported a rise in sales and profits past year. However, Sir Charlie said that the figures were flattered by lower pension accounting charges and that after stripping out that, profits were up by only 1.9 per cent. (more...)
Remy Ma declares Nicki Minaj beef is done Remy Ma declares Nicki Minaj beef is done
- March 10, 2017

Remy Ma during the interview admitted that she kept going on and on as she said: "I didn't realize it was seven minutes until after it was done", she joked. We could've done this working together", the rapper explains what went down behind-the-scenes with Minaj. "I would have liked that so much better that way". (more...)
Spicer: Trump 'very concerned' about WikiLeaks dump
- March 10, 2017

Spokesman Sean Spicer says everyone has "shown up" and is working hard to advance President Donald Trump's agenda. "Well, I respectfully disagree, and I hope we have an opportunity for the team to continue to not only talk to (Cotton) about what we're trying to do and how we're trying to do it, but we'd love to hear his ideas", Spicer said. (more...)
Lions expected to release DeAndre Levy Lions expected to release DeAndre Levy
- March 09, 2017

That money could come in handy as they try to work out a long-term deal with quarterback Matthew Stafford - a deal that could eventually become the largest in National Football League history. He followed that up with a career-high 151 tackles the next year. The most logical player it Haason Reddick (Temple) who is an ideal WILL linebacker which is the position previously held by Levy. (more...)
USA stocks end mixed after ADP report USA stocks end mixed after ADP report
- March 09, 2017

Federal Reserve Chair Janet Yellen said last Friday that an interest rate hike in this month's monetary policy will likely be appropriate, if the economy progresses in line with officials' expectation. The chances for a rate hike this month are at 83 percent, up from roughly 30 percent at the start of last week, according to Thomson Reuters data. Newly minted shares of Snapchat owner Snap Inc SNAP.N plunged 11.6 percent to $21.01 after analysts gave the company a lukewarm reception ... (more...)
Fox News Settles Sexual Assault Claim From Ex-Contributor Fox News Settles Sexual Assault Claim From Ex-Contributor
- March 09, 2017

The network said that Tamara Holder , a lawyer who would often offer a democratic point of view in Fox segments, last September told them about the incident, which had taken place a year earlier. Ailes denied the allegations. Holder cut ties with Fox as soon as her contract expired on January 1. "Ms. Holder did not immediately report the episode to the company or the police, fearing that doing so would ruin her career, interviews and documents show". (more...)
Vetr Inc. Upgrades Alibaba Group Holding Limited (BABA) to "Strong-Buy"
- March 09, 2017

Alibaba Group Holding Limited has a 1-year low of $59.25 and a 1-year high of $109.87. Finally, Equitec Proprietary Markets LLC purchased a new stake in shares of Alibaba Group Holding during the third quarter worth approximately $148,000. Narrow down focus to other ratios, the co has current ratio of 1.80 that indicates if BABA lies in 1.3% to 3% then it is acceptable for both active and passive investors, but sometimes its varies industry to industry. (more...)
Dollar slips, euro rises after ECB's Draghi speaks Dollar slips, euro rises after ECB's Draghi speaks
- March 09, 2017

The programme, now two years old, has seen the central bank purchase around €1.4 trillion worth of government and corporate bonds. Following are highlights of ECB President Mario Draghi's comments at a press conference after the policy meeting. (more...)

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